Butterfield Bank to acquire CIBC Caribbean billion dollar regional banking deal

HAMILTON, Bermuda, May 28, CMC – The Bermuda-based Butterfield Bank has announced a landmark US$1.8 billion agreement to acquire CIBC Caribbean, significantly expanding its presence across the region and creating what the institutions describe as the largest independent bank serving island economies. CIBC Caribbean, headquartered in Barbados and operating in 10 Caribbean countries, is the […]